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Decree No. 5716, Of 9 March 2006

Original Language Title: Decreto nº 5.716, de 9 de Março de 2006

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DECREE NO. 5,716, OF March 9, 2006.

Disposes on the execution of the Thirtieth Third Protocol to the Economic Supplementation Agreement no 14, between the Governments of the Federative Republic of Brazil and the Argentine Republic, of the March 2006.

THE VICE PRESIDENT OF THE REPUBLIC, in the exercise of the post of President of the Republic, using the assignment that gives him the art. 84, inciso IV, of the Constitution, and

Whereas the Treaty of Montevideo of 1980, which created the Latin American Integration Association (ALADI), firmed by Brazil on August 12, 1980 and approved by the National Congress, through the Legislative Decree no 66 of November 16, 1981, provides for the modality of Agreement of Economic Complementation;

Considering that the Plenipotentiaries of the Republic Federative of Brazil and the Argentine Republic, based on the Treaty of Montevideo of 1980, signed in Montevideo on December 20, 1990, the Economic Supplementation Agreement no 14, between the Governments of the Federative Republic of Brazil and the Republic Argentina, incorporated into the Brazilian domestic law by the Decree no 60, of March 15, 1991;

Whereas the Plenipotentiaries of the Federative Republic of Brazil and of the Argentine Republic, on the basis of the 1980 Treaty of Montevideo, signed, in Montevideo, in 1st March 2006, the Thirty-third Additional Protocol to the Economic Supplementation Agreement no 14, between the Governments of the Federative Republic of Brazil and the Argentine Republic;

DECRETA:

Art. 1º The Thirty-third Additional Protocol to the Economic Supplementation Agreement in the 14, between the Governments of the Federative Republic of Brazil and the Argentine Republic, apensed by copy to the present Decree, shall be executed and fulfilled as entirely as it contains.

Art. 2º This Decree comes in vigour on the date of its publication.

Brasília, March 9, 2006; 185º of Independence and 118º of the Republic.

JOSÉ ALENCAR GOMES DA SILVA

Samuel Pinheiro Guimarães

ECONOMIC SUPPLEMENTATION AGREEMENT NO. 14 SUBSCRIBED BETWEEN THE ARGENTINE REPUBLIC AND THE FEDERATIVE REPUBLIC OF BRAZIL

Thirtieth Third Additional Protocol

The Plenipotentiaries of the Argentine Republic and of the Federative Republic of Brazil, accredited by their respective Governments second powers that were bestowed in good and due form, deposited opportunely in the General Secretariat of the Association (ALADI),

TAKING INTO ACCOUNT that the Parties have agreed not to implement free trade as of , the ongoing negotiation process under the Automotive Committee bilateral and that the Parties have agreed to make the necessary adjustments to the currently current agreement,

CONVARISE IN:

Article First-During the period from March 2, 2006 to June 30, 2006 will be maintained the conditions set out in the Thirtieth First Additional Protocol corresponding to the year 2005.

Article 2nd-Within the period indicated in the article 1st, the Parties will conclude the negotiation of a detailed agreement, in time and form for its entry into effect and application in bilateral trade, on , seeking among others, the following objectives:

a) Prever growth mechanisms and harmonic development of the automotive industry of both Countries, particularly favoring the increment of production and of investments in the Argentine industry,

b) Seeking the effective integration of the chains productive of the two countries, with a view to achieving levels of international competitiveness, based on a real process of industrial complementation, which will create a common platform to actively promote a growing international insertion, by means of of systematic increment of exports to extrazone.

Article 3rd-The convex Parties that, in the drafting of the new agreement, they should define, among others, particularly the following topics:

a) administrated trade mechanism that considers the existing asymmetries between the Countries;

b) possibility to consider trade balances with extrazone in the measurement of bilateral trade;

c) policies to promote the integration of the auto parts maker sector and the industry motorsport;

d) establishment of common positions in the MERCOSUR negotiations with third countries or economic blocks;

e) situation of those automaker companies that currently are not producing vehicles;

f) mechanisms to promote the competitiveness of the automotive industry of the two countries;

g) harmonisation, in short deadline, the technical safety and environmental regulations.

Article 4th-From the of this Protocol, the Parties shall meet at least every fifteen days in alternating headquarters in order to conclude the Agreement referred to in Article II.

Article 5th-The present Additional Protocol shall enter into force simultaneously on the territory of both Parties at the time when houviewing the Secretariat-General of the ALADI that the necessary legal formalities have been completed in each of which for its application.

The General Secretariat of ALADI will be depositary of this Protocol, of which it will send duly authenticated copies to the signatory Governments.

IN FÉ DO THAT, the respective Plenipotentiaries sign the present Protocol in the city of Montevideo to the first day of the month of March two thousand and six, in an original in the Portuguese and Spanish languages, being both texts being equally valid.

By the Government of the Argentine Republic:

Juan Carlos Olima

By the Government of the Federative Republic of Brazil

Bernardo Pericás Neto